GE plans to spin out healthcare business in 2023
General Electric plans to spin out its healthcare business into a publicly traded entity in 2023. It's part of a broader restructuring as the company looks to turn around its business.
Cleo raises $27.5M Series B to better support working parents
Big name executives including former GE CEO Jeff Immelt, former Yahoo CEO Marissa Mayer, LinkedIn CEO Jeff Weiner and Levi’s CEO Chip Bergh also made personal investments in the company as part of the Series B round led by NEA.
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Transforming Patient Care: The Role of AI-Powered Assistants
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
Debt-saddled GE sells off BioPharma business to Danaher for $21.4B
The industrial conglomerate said the move was designed to reduce its leverage and improve its balance sheet. The company carried almost $115 billion in debt during the first nine months of 2018.
Report: GE Healthcare files confidentially for IPO
Earlier this year, the company announced an initiative to spin off its healthcare and Baker Hughes energy divisions as part of an effort to reduce its debt load.
GE Healthcare to become standalone business
As part of an effort to reduce debt, GE announced plans to spin off its healthcare subsidiary, GE Healthcare, into a standalone company, which will continue to be led by Kieran Murphy.
GE will sell portion of healthcare business to Veritas Capital for $1B
In a $1.05 billion deal, Veritas Capital, a New York City-based private equity firm, plans to buy GE's enterprise financial management, ambulatory care management and workforce management assets.
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What Keeps Healthcare CIOs Up at Night: Balancing Technology Investments with Consumer Expectations
When it comes to managing inbound phone calls, underperformance has devastating cost implications.
GE Healthcare and Hartford HealthCare launch 7-year collaboration
GE Healthcare and Hartford HealthCare are collaborating for the long-term to work toward solutions for faster, better care.
GE Healthcare’s digital future starts with $500 million investment, hiring 5,000 engineers
Through a mega-investment and hiring spree, GE Healthcare is working toward its goal of digital advancement.
Accelerator will use health tech to support mothers, children in Sub Saharan Africa
GE's Healthymagination arm and Santa Clara University set up a six month social entrepreneurship accelerator.
Arterys finalizes Series A for medical imaging advancement, bringing current total to $12M
The funding will be used to expand the commercial operations of the company's visualization and quantification algorithm for medical imaging.
The Funding Model for Cancer Innovation is Broken — We Can Fix It
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
GE Capital names new leader of Life Sciences Finance business
According to a press release, GE Capital’s Healthcare Financial Services has named Brett B. Haring leader of its Life Sciences Finance business. Haring has worked for GE Capital for 25 years, mostly in GE Capital’s equipment finance business. Recently, he was senior managing director of GE Capital’s Corporate Finance business for the U.S. eastern and […]
GE, NFL fund 5 emerging companies attempting a better test for concussion
The device that Cortical Metrics is developing looks like a computer mouse but is designed to some day change the way doctors detect and diagnose concussion. The University of North Carolina spinoff is one of five companies (plus 11 university and medical school-based research groups) just awarded $300,000 in funding from GE and the National […]